Hi Idle,
Thanks for the following info. It is insightful on how a farmer uses urea. It must be noted however that the figures gained by LCK would be through independent research companies that also provide future projections. The figures provided are not so much fictional that it would pull the scale over the eyes of both International and local investors. If the figures were made up then I am sure we would not have been able to award the contract to DL E&C Co. They would have done there own due diligence.
The future Offtake agreements that LCK will also make may also influence the degree by which urea is made available and distributed to Australian and international markets.
We will have to watch this space as it's all speculative at this stage.
I am happy with the small rebound today...
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Hi Idle,Thanks for the following info. It is insightful on how a...
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